Morgan Stanley raises target for Live Nation stock to USD 215.00
Published on 10/20/2026 at 19:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMorgan Stanley lifts target
- Morgan Stanley raised its Live Nation target from USD 200.00 to USD 215.00 on October 19, 2026.
- Live Nation reported USD 7.67 billion in second-quarter 2026 revenue, up 9.40 percent year over year.
- Live Nation stock costs EUR 155.55 at Lang & Schwarz on October 20, 2026 at 7:38 p.m. CEST, 0.26 percent above the Xetra close of October 20, 2026.
- Live Nation is expected to report third-quarter 2026 results on November 3, 2026.
Live Nation Entertainment (ISIN US5380341090) drew a higher USD 215.00 price target from Morgan Stanley after the firm raised it from USD 200.00 on October 19, 2026, according to MarketBeat. The target is 23.01 percent above the USD 174.79 NYSE price at 1:41 p.m. ET on October 20, 2026. Live Nation stock was trading at EUR 155.55 at Lang & Schwarz on October 20, 2026 at 7:38 p.m. CEST, up 0.26 percent versus the Xetra close of EUR 155.15 on October 20, 2026.
Second-quarter revenue rose 9.40 percent
Live Nation generated USD 7.67 billion in revenue in the second quarter of 2026, compared with USD 7.01 billion in the second quarter of 2025. The 9.40 percent increase accompanied diluted earnings per share of USD 1.05, versus USD 0.41 a year earlier, according to MarketBeat.
Stock sits 7.64 percent below its high
The USD 174.79 NYSE price was 7.64 percent below Live Nation's 52-week high of USD 189.25 and 39.44 percent above its low of USD 125.34 on October 20, 2026. Trading volume stood at 622,820 shares, while the market capitalization was USD 40.7 billion.
November 3 brings the next report
Live Nation is expected to report third-quarter 2026 results on November 3, 2026, after the NYSE session, with a conference call scheduled for 5:00 p.m. ET, according to MarketBeat. The same page lists consensus revenue of USD 9.59 billion and consensus earnings per share of USD 1.51 for that quarter, compared with USD 8.50 billion and USD 0.73 in the prior-year period.
Citizens kept a USD 215.00 target and a Market Outperform rating on October 1, 2026, citing Live Nation's position across promotion, venues, ticketing and sponsorship, as Investing.com reported. That view leaves the November report as the next dated test for the growth assumptions behind the target.
Comparison with peers
Live Nation: plus 0.26 percent, P/E -156.06, market capitalization USD 40.7 billion.
CTS Eventim (Xetra, EUR): minus 0.64 percent, P/E 19.28, market capitalization EUR 5.9 billion.
Warner Music Group (Nasdaq, USD): plus 0.51 percent, P/E 24.18, market capitalization USD 16.3 billion.
Target increase sets the tone
Morgan Stanley's move puts USD 215.00 above the current NYSE price, while the euro quote remains close to the October 20 Xetra close. The next earnings date supplies the clearest scheduled checkpoint for the stock.
The further course of trading is shown by the continuously updated real-time quote of Live Nation stock.
Live Nation at a glance
- Company: Live Nation Entertainment, Inc.
- ISIN: US5380341090
- Ticker: LYV
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 7:38 p.m. CEST): EUR 155.55
- Change versus Xetra close: plus 0.26 percent
- Xetra close (October 20, 2026): EUR 155.15
- Market capitalization: USD 40.7 billion (as of October 20, 2026)
- 52-week range: USD 125.34-189.25 (as of October 20, 2026)
- Sector / Industry: Communication Services / Entertainment
Market context: Market report S&P 500.
